Credit Analyst Jobs in Illinois

A Credit Analyst in the banking industry evaluates and assesses the creditworthiness of potential customers, or organizations, to ascertain their ability to repay loans. They analyze financial data, including budget, income, and expenditure, and also evaluate credit histories. Credit Analysts use complex systems and software to assess and interpret financial data, so they can advise on the risk of offering credit. The role also involves preparing reports based on findings and presenting these to management.

Key skills a Credit Analyst should possess include strong analytical skills, good numerical skills, excellent communication skills, and the ability to make well-judged decisions. The Certified Credit Professional (CCP) certification is highly desirable for this role. Prior job roles that can lead to a career as a Credit Analyst include Junior Credit Analyst, Loan Officer, or Financial Analyst, where the individual can gain the necessary experience in financial analysis and credit risk assessment.

1-15 of 48 Jobs

Senior Risk & Compliance Analyst

  • Springfield, IL
  • 1 day ago
  • Springfield, IL
  • 1 day ago

Company :** Highmark Health **Job Description :** **JOB SUMMARY** This job works collaboratively riskacross Highmark Health clinical areas to support clinical quality auditing, The Senior Risk...

Risk Assessment Analyst

  • Chicago, IL
  • 2 days ago
  • Chicago, IL
  • 2 days ago

Company Overview Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the...

Senior Credit Analyst - Consumer and Retail

  • Chicago, IL
  • 2 days ago
  • Chicago, IL
  • 2 days ago

Additionally, the Senior Credit Analyst will attend and support Portfolio Reviews as needed....

In this role, you will be responsible for reviewing and analyzing fraud alerts to mitigate fraud losses to Alliant Credit Union. Identify fraud patterns impacting member's deposit accounts....

Remote Work

Lead Risk & Control Analyst - Hybrid

  • Chicago, IL
  • 2 days ago
  • Chicago, IL
  • 2 days ago

In this role, you will lead and manage risk identification, assessment, and mitigation strategies within the first line oversight and risk team. Drive first-line operational risk initiatives,...

Remote Work

Credit Analyst

  • Franklin Grove, IL
  • 3 days ago
  • Franklin Grove, IL
  • 3 days ago

Credit Analysis goes beyond crunching numbers and utilizing spreadsheets....

Credit Analyst

  • Marengo, IL
  • 3 days ago
  • Marengo, IL
  • 3 days ago

Credit Analysis goes beyond crunching numbers and utilizing spreadsheets....

Finance & Strategy Senior Analyst, Credit Card

  • Chicago, IL
  • 3 days ago
  • Chicago, IL
  • 3 days ago

Join a leading fintech company that's democratizing finance for all. Robinhood Markets was founded on a simple idea: that our financial markets should be accessible to all. With customers at the...

Credit Analyst

  • Beardstown, IL
  • 5 days ago
  • Beardstown, IL
  • 5 days ago

Credit Analysis goes beyond crunching numbers and utilizing spreadsheets....

Commercial Credit Analyst

  • Gurnee, IL
  • 7 days ago
  • Gurnee, IL
  • 7 days ago

Requirements Experience 3+ years of Commercial Credit Analysis Experience. Minimum of three years of Commercial Lending experience....

Senior Credit Analyst

  • Chicago, IL
  • 8 days ago
  • Chicago, IL
  • 8 days ago

Job Title: Senior Credit Analyst Location: IL - Chicago LPO What you'll do: As a Senior Credit Analyst you'll be primarily responsible to spread, manage and maintain financial background information...

Credit Analyst II - Renewable Energy

  • Chicago, IL
  • 8 days ago
  • Chicago, IL
  • 8 days ago

Additionally, the Credit Analyst II will attend and support Portfolio Reviews as needed....

Credit Analyst, Byline Financial Group (Hybrid)

  • Bannockburn, IL
  • 8 days ago
  • Bannockburn, IL
  • 8 days ago

The Credit Analyst prepares prospective and current client credit files for review and approval upon receipt of a credit request / application....

At Fitch Ratings, credit analysts play a pivotal role in moving markets, as quality credit analysis is the lifeblood of our organization....

Model Risk Analyst

  • Chicago, IL
  • 8 days ago
  • Chicago, IL
  • 8 days ago

Created by Congress in 1932, FHLBank Chicago is one of 11 Federal Home Loan Banks, government sponsored in support of mortgage lending and community investment....

Demographic Data for Illinois

Moving to Illinois? Find some basic demographic data about Illinois below.


Local
National
12,812,477
319,486

Credit Analyst Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Credit Risk and Credit Analysis
Gain a solid grounding in credit risk fundamentals with the tools and techniques required to perform a credit analysis. Taught by an instructor with decades of experience in lending and credit...
Introduction to Corporate Credit
In this course, we shall provide a vivid description of most of the aspects of Corporate Credit e.g. The different types of credit available globally, the procedures involved in providing such...
Fundamentals of Credit Risk Analysis
Build the knowledge and practical skills needed to understand credit risk in financial systems. On this two-week course, youll explore foundational concepts and develop confidence in using...

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Salary for Credit Analyst Jobs in Illinois

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Licensing / Certification

Required or preferred licenses and certifications for Credit Analyst positions.



Highest Education Level

Credit Analysts in Illinois offer the following education background
Bachelor's Degree
44.1%
Master's Degree
24.3%
High School or GED
11.8%
Associate's Degree
9.3%
Vocational Degree or Certification
7.2%
Doctorate Degree
1.5%
Some College
1.5%
Some High School
0.3%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Credit Analysts in Illinois
1-2 years
30.0%
2-4 years
25.0%
None
25.0%
4-6 years
15.0%
Less than 1 year
5.0%



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